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LimeFX Review 2023 Pros, Cons & Key Features Revealed

LimeFX trading software

I remember them being one of the most prominent forex brokers back when I first started trading online many years ago. You can choose from a good variety of account types and convenient funding options, including digital wallets. For those of you who do not have the time or knowledge to trade by yourself, you may enjoy the access to copy trading solutions that they offer. The minimum deposit to open an account is just $1 but they also have free demo accounts if you just want to get a feel for trading without making a commitment. This is all backed by multilingual customer service who are on hand to help as and when needed. The award winning LimeFX is one of the largest online trading brokers with a vast client base stretching across the globe.

Besides, the brand employs more than 30 forex analysts who provide daily market insights. The broker’s website also hosts a TV section with economic news, market reviews and video analytics. Some assets can also be traded with no commission fees, including synthetic instruments while cryptos like Bitcoin have zero spreads. US shares are available with 0.1% commissions and minimum deposits from $1.

Demo Account

It is decentralised which makes it resistant to government interference or manipulation. The glossary section contains some trading terms and explanations that are presented alphabetically for convenient accessibility. Whilst this isn’t ground-breaking, it is nice to have everything accessible in one place. Clients must withdraw back to the original payment method and in the same currency. Note, you will be unable to make a payment until you have completed the account verification process. You can download MT4 and MT5 to desktop devices or open the terminal via major web browsers.

LimeFX trading software

TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We https://limefx.name/ do not provide financial advice, offer or make solicitation of any investments. They can be contacted via local telephone numbers in 9 countries, live chat and email.

Quotes & Trading

It allows users to duplicate the orders of ‘professional’ traders whilst remaining in full control of funds. The tool is fully customisable meaning you can manually stop, pause or restart copying with the click of a button. LimeFX has a low minimum deposit of £1 which will appeal to beginners. LimeFX offers UK traders three primary platforms; MetaTrader 4, MetaTrader 5, and a proprietary WebTrader. The company is regulated by the British Virgin Islands Financial Services Commission (BVI FSC).

  • I was even inspired to look for some trading opportunities based on the analysis provided.
  • Depending on current availability, offers can include a 30% to 100% welcome deposit bonus, a demo contest, and monthly participation in a deposit rebate scheme.
  • Investing.co.uk has been helping British traders find the right broker for over 20 years.
  • When trading forex instruments you are speculating in the price increase or decrease of one currency against another, e.g.
  • The app offers 9 timeframes, live quotes, analysis, a news feed, free indicators and advisors, trailing stops, secure 128-bit encryption, trading signals, and other useful information.

The app offers 9 timeframes, live quotes, analysis, a news feed, free indicators and advisors, trailing stops, secure 128-bit encryption, trading signals, and other useful information. LimeFX is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.

You can choose which instruments, timeframes and technical analysis patterns you wish to scan for. This can be used to find potential trading opportunities or to assist with the management of open positions. limefx official site It can be set to send you instant sound and visual notifications once a pattern is found or there have been some changes. Notifications can be received within the platform, via email or mobile.

LimeFX Verdict

LimeFX offer a large selection of 110+ FX currency pairs to trade. I would say they are one of the best forex brokers, along with Pepperstone. There is a useful trading app that you can use to conveniently learn about trading and get an insight into the markets before trading. The educational app is available for download on both Android and iOS. We are always with our mobile phone nowadays so it is handy to have an app that you can use to educate yourself in your own time.

All in all, I think they can be a great choice for those of you want to primarily trade forex. However, if you are looking for lots of stock instruments, then you may want to consider TMGM as another option. Founded in 2007, LimeFX provides industry leading online brokerage services to millions of traders all over the globe. They offer you a reasonable 300+ trading instruments in multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. You can trade online through modern and powerful trading platforms with good execution speeds, variable or fixed spreads and competitive trading costs.

Good Company

The LimeFX website has a selection of training videos that cover most of the key aspects of trading. These tutorial videos can be very useful to help improve trading knowledge and skills with a range of topics covered including markets, platforms and analysis. There is a TV section that is updated daily and has a very good variety of news, analytical materials and interviews. The videos cover latest events, trends, and many other aspects of trading. LimeFX TV is managed by a large staff of analysts, camera operators, news casters, film editors and other specialists.

There is depth of market level II pricing showing volumes and different bid/ask prices. More order types are supported and the strategy tester supports back testing multi-currency limefx forex broker automated strategies. Just like its predecessor MT4, the MT5 platform is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

I must say that this is something very unique which I am yet to see any other broker provide. I think it goes to show how this broker is always trying to be innovative and lead the way for others to follow. The LimeFX group of related companies are registered and regulated in multiple offshore jurisdictions around the world. Regulated brokers must adhere to the highest standards of quality, working in accordance with the international laws and local standards of particular countries.

LimeFX have a few extra add-ons for the MT4 platform including magic button and one click trading. The magic button simplifies the process of placing, managing and closing orders. One click trading increases efficiency and allows you to choose the same settings for every position. You can use the platform on all of your device as it is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

The online trading calculator allows you to easily and quickly calculate the value of a pip and margin required for a chosen currency pair. I found it basic and prefer to confirm everything with my own calculations. I do see how it can benefit some traders who need to perform calculations as quick as possible and want to try and avoid the potential of human error.

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